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Worldline trims 2026 revenue growth outlook as bank contracts lag
The French payments firm now expects flat to marginally positive 2026 revenue growth, after saying banks delayed new contract decisions and it has not delivered organic revenue growth since late 2024.
Worldline lowered its 2026 revenue growth expectations, saying its recovery in new business has taken longer than planned because banks delayed awarding contracts amid the company’s setbacks, according to Reuters. The company previously projected low single digit growth for 2026, but now expects flat to marginally positive revenue growth.
Chief Executive Pierre-Antoine Vacheron said the slower recovery reflected delays in banks allocating new contracts to Worldline, as some banking clients took longer to commit to new business. He added that Worldline expects the second half to be "a bit better" than the first, supported by continued momentum in its merchant services business.
Worldline has not delivered organic revenue growth since late 2024, after setbacks including allegations of money laundering and a series of profit warnings that drove customer losses and a slump in its share price, Reuters reported. The company has been working to rebuild investor confidence with a 500 million euro capital injection and asset disposals backed by major shareholders Credit Agricole, BNP Paribas, and French state investment bank Bpifrance.
In its interim results, Worldline said revenue in the six months to June fell 0.2% to 1.74 billion euros. Reuters reported that adjusted EBITDA rose to 294 million euros, and that Worldline confirmed its full-year EBITDA outlook while improving its free cash flow target to a negative range of 60 million euros to 40 million euros from a previous negative range of 80 million euros to 70 million euros.